Gary Rollins

Last updated

Gary Rollins
Born
Gary W. Rollins

(1944-08-30) August 30, 1944 (age 80)
NationalityAmerican
Alma mater University of Tennessee at Chattanooga
OccupationCEO of Rollins, Inc.
Spouses
  • Ruth Magness
  • Kathleen (Wingard) Rollins
Children4
Parent(s) O. Wayne Rollins
Grace Crum Rollins
Relatives John W. Rollins (uncle)

Gary W. Rollins (born August 30, 1944) is an American billionaire businessman. He is the chief executive officer (CEO) of Rollins, Inc., the US's largest pest control company.

Contents

Early life

Rollins was born on August 30, 1944.[ citation needed ] His father was O. Wayne Rollins and his mother, Grace Crum Rollins. [1]

Rollins graduated with a bachelor of business administration degree from the University of Tennessee at Chattanooga in 1967. [2]

Career

Rollins was the CEO of Orkin until July 2009. [3] He has been its chairman since February 2004. Additionally, he has been the CEO of Rollins Inc. since July 2001. [3]

He serves on the board of director of RPC, Inc. [4]

On the Bloomberg 2024 list of the world's billionaires, he was ranked #430 with a net worth of US$6.35 billion. [5]

Political activity

Rollins contributed $25,000 to Donald Trump's 2020 presidential campaign. [6]

Personal life

He and his first wife, Ruth Magness, owned a 1,800-acre ranch near Cartersville, Georgia. [1]

They have four children. [1]

Their son, Glen Rollins sued his father and his uncle Randall Rollins, chairman of Rollins Inc, over "rightful cash allocations". [1] Glen's three siblings all joined him in the lawsuit, as did his mother, Ruthie, who filed for divorce from Gary at about the same time. Randall Rollins' five children took their father and Gary's side. Glen and Danielle also began divorce proceedings. After nearly a decade of litigation, the parties reached a confidential settlement in November 2019, just before closing arguments were set to begin in a Fulton County courtroom. Throughout the proceedings, Gary Rollins maintained that his actions were in line with the intentions of his father, O. Wayne Rollins, emphasizing a commitment to preserving the family's legacy and ensuring the responsible management of the family's substantial assets. The settlement's terms remain confidential, but the conclusion of the lawsuit suggests a mutual agreement was reached that honors the family's values and business principles. [7] The family's "pest control empire" is worth about $14.2 billion. [8]

Rollins' second wife is Kathleen (Wingard) Rollins. [9]

In June 2018, it was announced that Rollins and wife Kathleen had given a gift of $40 million to his alma mater, University of Tennessee at Chattanooga, in which the College of Business will now be named the Gary W. Rollins College of Business. [10]

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References

  1. 1 2 3 4 O'Connor, Clare (September 29, 2014). "Inside An $8 Billion Family Feud: Who Poisoned The Orkin Fortune?". Forbes. Retrieved August 27, 2015.
  2. ↑ WTVC (June 22, 2018). "UTC celebrates largest private gift in its history" . Retrieved June 23, 2018.
  3. 1 2 "Executive Profile* Gary W. Rollins". Bloomberg. Retrieved August 27, 2015.
  4. ↑ "Directors". Archived from the original on September 24, 2015. Retrieved August 27, 2015.
  5. ↑ "Gary Rollins". Bloomberg . March 1, 2016. Retrieved April 24, 2024.
  6. ↑ "Here Are The Billionaires Who Donated To Donald Trump's 2020 Presidential Campaign". Forbes. Retrieved March 28, 2024.
  7. ↑ Cook, Rhonda (November 13, 2019). "Settlement reached in heated family dispute over Rollins fortune". The Atlanta Journal-Constitution. Retrieved February 3, 2025.
  8. ↑ "Rollins Family". Forbes. Retrieved February 3, 2025.
  9. ↑ "Gift will transform UTC College of Business". timesfreepress.com. September 13, 2018. Retrieved November 4, 2018.
  10. ↑ "Largest Private Gift in University of Tennessee at Chattanooga History - UTC News Releases". June 22, 2018. Retrieved June 23, 2018.
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